Plan Ledger DOL Form 5500 · updated monthly

Clinton Nurseries Inc401(k)

CLINTON NURSERIES INC 401(K) PROFIT SHARING PLAN & TRUST · WESTBROOK, CT · plan year 2024

Reported admin expense ratio · 2024
0.28%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Clinton Nurseries Inc reported $22,146 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $923 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Connecticut (802nd of 1,106), and 505th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,411,306
Participants with balances126
Active participants135
Employer contributions$124,540
Employee contributions$232,499
Employer contribution per active participant$923
Average account balance$66,756
Benefits paid to participants$148,099
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 126 accts · $125K emplr
2023$7.1M · 132 accts · $124K emplr
2022$5.9M · 138 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,606
Investment management$15,680
Trustee / custodial$860
Total administrative$22,146
The Clinton Nurseries Inc 401(k) match · 2024
Employer contribution per active participant$923
Median for plans this size$1,313
2024$923 per active participant
2023$885 per active participant
2022$888 per active participant

Clinton Nurseries Inc's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
EXCEL WEALTH MANAGEMENT, LLC · Investment advisory (participants)$14,435

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$22,146 · 0.28%
2023$17,087 · 0.26%
2022$18,907 · 0.29%
Same employer
Similar plansAgriculture, Forestry & Fishing · Connecticut
Northern Nurseries Inc. CT$13.0M · 0.15%
Prides Corner Farms, Inc. CT$9.0M · 1.08%
Boskovich Farms, Inc. CA$8.7M · 0.64%
Croman Corporation OR$8.4M · 0.90%
Checkout, LLC NY$8.4M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 060861696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.